123 E Bay Avenue, Newport Beach, CA 92661

$3,275,000 Asking Price

3 beds
3 baths
1,854  sqft
Built in 1985

One block to Newport Bay, two blocks to Balboa Peninsula Beach, this tastefully updated home is ready to enjoy now: either as a full-time residence or as a beach-close 2nd home. Located on one of the quieter Balboa Peninsula streets, away from the bustle of Balboa Avenue, this home provides close proximity to both the bay and the beach while enjoying the charming and calmer lifestyle of E Bay Avenue. Featuring 3 bedrooms, 3 bathrooms, and a front brick patio with built-in BBQ for enjoying pleasant summer evenings with family and friends. Upstairs, just off the family room/den, is a spacious 2nd level deck with clear views of the bay for relaxing or entertaining. This is a terrific place to watch the bay activities such as the Christmas boat parade from the privacy of your own home. Just a short 7ish minute walk to the Fun Zone and area restaurants and about 1/4 mile drive to the Balboa Island Ferry. There is also potential for the new owner to improve access to the existing rooftop deck.

Features & Amenities

Interior

General:
Beamed Ceilings,Breakfast Bar,Built-in Features,Balcony,Ceiling Fan(s),Crown Molding,Cathedral Ceiling(s),Dry Bar,Granite Counters,Open Floorplan,Pantry,Pull Down Attic Stairs,Recessed Lighting,Storage,All Bedrooms Up,Walk-In Closet(s)
Appliances:
6 Burner Stove,Barbecue,Convection Oven,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater,Dryer,Washer
Laundry:
Electric Dryer Hookup,Gas Dryer Hookup,Inside,In Garage
Flooring:
Carpet,Tile,Wood
A/C:
false, None
Heating:
true, Central,Forced Air,Fireplace(s),Natural Gas
Fireplace:
Gas,Gas Starter,Living Room,Outside,Raised Hearth,Wood Burning, Fireplace
Disability Feature:
Accessible Entrance

Exterior

General:
Awning(s),Barbecue,Rain Gutters
Style:
Craftsman
Pool:
None
Parking:
Direct Access,Door-Single,Garage, Parking spaces: 2

Construction

Roofing:
Concrete
Windows:
Blinds,Double Pane Windows,Plantation Shutters,Screens
General:
2, Raised

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Newport Mesa Unified
County:
Orange

Lot

Zoning:
04807209
View:
Bay,Water, View
Fencing:
Vinyl

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electricity - On Property,220 Volts in Garage,Standard
Water:
Public
Sewer:
Public Sewer,Sewer Tap Paid

Financial

Source:
CRMLS

This listing courtesy of:
First Team Real Estate, John Newlander

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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